News / Egypt
Energean Oil & Gas spuds WKO-1X well in West Kom Ombo
Energean Oil & Gas announced that it has spudded the WKO-1X well in the West Kom Ombo Field Concession, the first of two committed exploration wells for the Second Exploration Period in the concession. Dana Gas: 20% increase in Nile Delta production
Dana Gas announced that its annual production rate for 2010 from its Nile Delta Concessions is an estimated 42,000 barrels of oil equivalent per day (boepd), an increase of 20% on 2009, with production commencing from seven new fields. Mubarak inaugurates the Upper Egypt Gas Pipeline in Aswan
Egyptian President Mohamed Hosni Mubarak inaugurated the Gas Complex during his multifarious tour within Aswan governorate today, Thursday. PetroShahd and PPC to join forces
PetroShahd Company has finalized a deal with Petroleum Pipelines Company (PPC) to transfer the crude oil produced by the company to the shipping area of PPC in Mostorod, official source told Egypt Oil & Gas. APICORP sells 12% stake in Egypt-based ACBC
The Arab Petroleum Investments Corporation (APICORP), the multilateral development bank of the Organization of Arab Petroleum Exporting Countries (OAPEC), has signed an agreement to shed its 12% stake in the Egypt-based Alexandria Carbon Black Company (ACBC) to the Aditya Birla Group, the majority shareholder of the company. Egyptian gas to reach Turkey via Syria
Syria's Minister of Oil and Mineral Resources, Sufian Allawi stated that the Egyptian gas would reach Turkey via Syria at the beginning of next year through the four outlets of the Arab Gas Pipeline. Flagsol Constructs Concentrating Solar Power Plant in Kuraymat Region
Flagsol, a subsidiary company of Solar Millennium, has constructed the first Concentrating Solar Power Plant in the Kuraymat region of Egypt. This 150 MW hybrid power plant will utilize natural gas and concentrated solar power and would be operated continuously. OAPEC sets 2011 budget at $7.28 million
The 85th session of the ministerial council of the Organization of Arab Petroleum Exporting Countries (OAPEC) approved its 2011-estimated OAPEC budget of $7.28 million, which is 4% up from that of the last year. 
